Tuesday, April 28, 2009

Trading Post (rumours in the village edition)


Fronteer (FRG) down 5% at U$2.27. Bummer that it couldn't hold on to yesterday's springing gains, but with gold weak and a general sector sell-off in progress it's not that surprising. Ho hum...patience is the virtue here. I'm long.

Greystar (GSL.to) up 8% at $4.21 and the saga continues. If it had truly been a false trade yesterday then surely we would have dropped back to the $3.60 or so price of Monday, but instead GSL has motored on ahead. Not only that, but.......

Ventana Gold (VEN.to) up 19.3% at $1.79. Greystar's neighbour in Colombia has been very popular this morning. There's clear fire from where this smoke is rising, just watch out for those paras, dudes.

Vale (RIO) down 1.8% at $15.44. In the USA it's all about Hope™. In China it's all about Impossible Hope.

Dorato Resources (DRI.v) down 9% at $0.57. It's been a while since we checked in on DRI and to be honest nothing much has changed. Still over-promising and underdelivering, still zero point zero zero percent chance of ever building a mine on the Peru/Ecuador border......but since when has that been important to the Canadian mining industy anyway?

Exeter (XRA) down 2.5% at $2.77. Oh dear. How sad.